crypto

Trump Media’s Stock Drops Despite .5 Billion Bitcoin Treasury Announcement

Trump Media’s Stock Drops Despite $2.5 Billion Bitcoin Treasury Announcement

Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional investors, marking one of the largest allocations of Bitcoin treasury assets by a public company. However, the announcement was met with a mixed market response, as shares of Trump Media closed 10% lower on the same day. Trump Media Secures $2.5 Billion […]

Trump Media’s Stock Drops Despite $2.5 Billion Bitcoin Treasury Announcement Read More »

Kidnappers arrested for 2 week torture of tourist in NY luxury mansion to get Bitcoin keys

Kidnappers arrested for 2 week torture of tourist in NY luxury mansion to get Bitcoin keys

An Italian tourist’s barefoot dash onto a SoHo sidewalk has cracked open one of the most violent crypto-ransom plots ever seen in New York City. With the surrender of William Duplessie, 32, on Tuesday, police say they have now charged two business partners who allegedly imprisoned and tortured the 28-year-old for 17 days in a

Kidnappers arrested for 2 week torture of tourist in NY luxury mansion to get Bitcoin keys Read More »

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote

Texas legislators have moved closer to formalizing a Bitcoin reserve for the state. On May 27, a joint Conference Committee composed of House and Senate lawmakers reached an agreement on the final version of Senate Bill 21 (SB 21), dubbed the Texas Strategic Bitcoin Reserve Act. According to the committee, one of the most significant

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote Read More »

Circle Targets .7 Billion Valuation In Ambitious US IPO Move

Circle Targets $6.7 Billion Valuation In Ambitious US IPO Move

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle Internet, the issuer of the USDC stablecoin, announced plans for an initial public offering (IPO) that could value the company at up to $6.71 billion on a fully diluted basis. The New York-based company aims to raise as much as $624

Circle Targets $6.7 Billion Valuation In Ambitious US IPO Move Read More »

Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains

Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bank of Korea is moving ahead with plans to tie its own digital tokens to the wider crypto world. It wants to link a central‐bank deposit token to public blockchain networks. This push could reshape how money moves in South Korea

Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains Read More »

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency Read More »

Cetus seeks Sui community nod to unlock 2M to make users whole

Cetus seeks Sui community nod to unlock $162M to make users whole

Sui-based protocol Cetus said on May 27 that it can reimburse every user affected by its May 22 exploit if Sui token holders approve the return of frozen funds in an upcoming on-chain vote. Cetus said in a May 27 social media post that its cash and token reserves, combined with a secured loan from

Cetus seeks Sui community nod to unlock $162M to make users whole Read More »

Crypto Kidnapping: 2nd Suspect Surrenders After Manhattan Bitcoin Torture Plot

Crypto Kidnapping: 2nd Suspect Surrenders After Manhattan Bitcoin Torture Plot

A second suspect is in custody for imprisoning and torturing an Italian man alongside crypto investor John Woeltz in Manhattan, reports emerged on Tuesday. Alleged Kidnapper Faces Hefty Charges 33-year-old William Duplessie of Miami, FL, turned himself in to police on May 27 following Woeltz’s shocking arrest on Friday. According to reports, Duplessie and the

Crypto Kidnapping: 2nd Suspect Surrenders After Manhattan Bitcoin Torture Plot Read More »

SharpLink makes 5M Ethereum treasury plunge with Joseph Lubin’s guidance

SharpLink makes $425M Ethereum treasury plunge with Joseph Lubin’s guidance

SharpLink Gaming plans to establish a $425 million Ethereum (ETH) treasury under the guidance of Consensys CEO and Ethereum co-founder Joseph Lubin, the company announced on May 27. The sports-betting technology company entered into securities purchase agreements for a private investment in public equity. The company will issue 69.1 million shares at $6.15 each, or

SharpLink makes $425M Ethereum treasury plunge with Joseph Lubin’s guidance Read More »

Senator Lummis says US military generals support strategic Bitcoin reserve

Senator Lummis says US military generals support strategic Bitcoin reserve

Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endorse building a Bitcoin (BTC) reserve to bolster the nation’s economic deterrence. Lummis said she discussed digital reserves with unnamed senior officers who “understand that economic power is as important as military power in addressing aggressors

Senator Lummis says US military generals support strategic Bitcoin reserve Read More »